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NYSE:ERF - Enerplus Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $5.86
  • Forecasted Upside: 20.35 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$4.87 As of 03/3/2021 01:00 AM ET
▲ +0.05 (1.04%)
1 month | 3 months | 12 months
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Analyst Price Target for ERF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$5.86
▲ +20.35% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Enerplus in the last 3 months. The average price target is $5.86, with a high forecast of $8.00 and a low forecast of $3.00. The average price target represents a 20.35% upside from the last price of $4.87.
Buy
The current consensus among 11 polled investment analysts is to buy stock in Enerplus. This rating has held steady since July 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/8/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/6/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/4/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/3/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/3/2021

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/22/2021CIBCBoost Price TargetOutperform$6.50 ➝ $7.00Low
i
2/22/2021Royal Bank of CanadaBoost Price TargetOutperform$6.00 ➝ $8.00Low
i
2/22/2021TD SecuritiesBoost Price TargetBuy$6.00 ➝ $7.00Low
i
2/5/2021DesjardinsInitiated CoverageBuy$5.00 ➝ $6.50Medium
i
2/4/2021CIBCBoost Price TargetOutperform$6.00 ➝ $6.50High
i
2/4/2021Royal Bank of CanadaBoost Price TargetOutperform$5.00 ➝ $6.00Low
i
2/4/2021BMO Capital MarketsBoost Price TargetOutperform$6.00 ➝ $6.50Low
i
2/4/2021TD SecuritiesBoost Price TargetBuy$5.50 ➝ $6.00Medium
i
1/21/2021Stifel NicolausInitiated CoverageBuyHigh
i
1/14/2021ScotiabankBoost Price TargetOutperform$4.50 ➝ $5.75Low
i
1/6/2021National Bank FinancialReiterated RatingOutperformN/A
i
12/16/2020CIBCBoost Price TargetOutperform$5.00 ➝ $6.00Medium
i
11/9/2020TD SecuritiesBoost Price TargetBuy$4.25 ➝ $4.50Low
i
8/10/2020Raymond JamesReiterated RatingHold$4.50Medium
i
8/10/2020CIBCBoost Price TargetOutperform$4.50 ➝ $5.00Medium
i
8/10/2020Royal Bank of CanadaBoost Price TargetOutperform$4.00 ➝ $5.00Low
i
8/10/2020Stifel NicolausBoost Price TargetBuy$4.00 ➝ $4.50Low
i
7/7/2020CIBCLower Price TargetOutperform$5.00 ➝ $4.50Medium
i
7/7/2020BMO Capital MarketsLower Price TargetOutperform$7.00 ➝ $6.00High
i
6/15/2020ScotiabankBoost Price TargetOutperform$4.50 ➝ $5.00Medium
i
5/21/2020CIBCBoost Price TargetOutperform$4.50 ➝ $5.00Low
i
5/11/2020SunTrust BanksBoost Price TargetHold$2.00 ➝ $3.00Low
i
5/10/2020Royal Bank of CanadaReiterated RatingBuy$3.50 ➝ $4.00Medium
i
4/22/2020Tudor PickeringReiterated RatingBuyHigh
i
Rating by Jordan McNiven at Tudor Pickering
4/22/2020Royal Bank of CanadaReiterated RatingBuy$3.50Low
i
4/16/2020SunTrust BanksLower Price TargetHold$4.00 ➝ $2.00Low
i
3/12/2020Raymond JamesReiterated RatingHold$4.00High
i
3/9/2020SunTrust BanksDowngradeBuy ➝ HoldHigh
i
9/27/2019Capital One FinancialUpgradeEqual Weight ➝ Overweight$12.00Medium
i
Rating by B. Velie at Capital One Financial Co.
8/12/2019DesjardinsReiterated RatingBuyLow
i
Rating by Chris MacCulloch at Desjardins
8/9/2019Royal Bank of CanadaReiterated RatingBuyN/A
i
Rating by Gregory Pardy at Royal Bank of Canada
8/9/2019CIBCSet Price TargetBuy$15.00Low
i
Rating by Jamie Kubik at CIBC
6/28/2019GMP SecuritiesReiterated RatingBuy ➝ Average$16.00Low
i
5/13/2019Raymond JamesReiterated RatingBuy ➝ Average$21.50Medium
i
Rating by Kurt Molnar at Raymond James
4/9/2019Canaccord GenuityReiterated RatingBuy$18.00Medium
i
12/20/2018Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
i
Rating by B. Velie at Capital One Financial Co.
12/13/2018Raymond JamesReiterated RatingBuyHigh
i
Rating by Kurt Molnar at Raymond James
12/3/2018Raymond JamesReiterated RatingBuy ➝ Buy$25.50Low
i
Rating by Kurt Molnar at Raymond James
11/27/2018SunTrust BanksSet Price TargetBuy$15.00Low
i
Rating by Neal Dingmann at SunTrust Banks, Inc.
6/14/2018SunTrust BanksInitiated CoverageBuy$18.00High
i
1/15/2018AltaCorp CapitalReiterated RatingBuy$16.00Low
i
11/9/2017Canaccord GenuityReiterated RatingBuy$16.00N/A
i
10/18/2017CIBCInitiated CoverageSector Outperform ➝ Sector OutperformN/A
i
10/10/2017ScotiabankReiterated RatingBuy$16.00N/A
i
7/11/2017Capital One FinancialInitiated CoverageOverweight$13.00Medium
i
Rating by B. Velie at Capital One Financial Co.
5/8/2017Canaccord GenuityReiterated RatingBuy$16.00High
i
2/24/2017Canaccord GenuityReiterated RatingBuy$16.00N/A
i
2/10/2017BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$15.00N/A
i
12/13/2016ScotiabankUpgradeSector Perform ➝ OutperformN/A
i
11/28/2016Credit Suisse GroupSet Price TargetBuy$14.00N/A
i
Rating by Jason Frew at Credit Suisse Group AG
11/14/2016National Bank FinancialReiterated RatingOutperfrom Under WeightN/A
i
Rating by T. Wood at National Bank Financial
10/6/2016BarclaysReiterated RatingBuyN/A
i
8/17/2016Canaccord GenuityInitiated CoverageBuyN/A
i
6/22/2016Credit Suisse GroupReiterated RatingBuy$11.00N/A
i
6/6/2016Raymond JamesInitiated CoverageOutperformN/A
i
6/6/2016MacquarieUpgradeNeutral ➝ OutperformN/A
i
5/9/2016National Bank FinancialUpgradeSector Perform ➝ OutperformN/A
i
Rating by K. Preston at National Bank Financial
4/18/2016BarclaysUpgradeEqual Weight ➝ OverweightN/A
i
4/12/2016BMO Capital MarketsReiterated RatingNeutral ➝ HoldN/A
i
(Data available from 3/3/2016 forward)
Enerplus logo
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company's oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2019, it had proved plus probable gross reserves of approximately 10.6 million barrels (MMbbls) of light and medium crude oil; 26.6 MMbbls of heavy crude oil; 181.1 MMbbls of tight oil; 22.7 MMbbls of natural gas liquids; 31.6 billion cubic feet (Bcf) of conventional natural gas; and 1,167.3 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
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Today's Range

Now: $4.87
$4.81
$4.96

50 Day Range

MA: $4.04
$3.11
$5.26

52 Week Range

Now: $4.87
$1.15
$5.42

Volume

3,673,721 shs

Average Volume

2,523,020 shs

Market Capitalization

$1.25 billion

P/E Ratio

N/A

Dividend Yield

1.87%

Beta

3.18

Frequently Asked Questions

What sell-side analysts currently cover shares of Enerplus?

The following Wall Street sell-side analysts have issued reports on Enerplus in the last twelve months: BMO Capital Markets, CIBC, Desjardins, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, SunTrust Banks, Inc., TD Securities, TheStreet, Tudor Pickering, and Zacks Investment Research.
View the latest analyst ratings for ERF.

What is the current price target for Enerplus?

9 Wall Street analysts have set twelve-month price targets for Enerplus in the last year. Their average twelve-month price target is $5.86, suggesting a possible upside of 20.4%. Royal Bank of Canada has the highest price target set, predicting ERF will reach $8.00 in the next twelve months. SunTrust Banks, Inc. has the lowest price target set, forecasting a price of $3.00 for Enerplus in the next year.
View the latest price targets for ERF.

What is the current consensus analyst rating for Enerplus?

Enerplus currently has 2 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ERF will outperform the market and that investors should add to their positions of Enerplus.
View the latest ratings for ERF.

What other companies compete with Enerplus?

Other companies that are similar to Enerplus include PDC Energy, Magnolia Oil & Gas, CNX Resources, Antero Resources, Range Resources, Murphy Oil, Matador Resources, Southwestern Energy, Viper Energy Partners, ARC Resources, Black Stone Minerals, Crescent Point Energy, SM Energy, Comstock Resources and Kosmos Energy.

How do I contact Enerplus' investor relations team?

Enerplus' physical mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The oil and natural gas company's listed phone number is 403-298-2200 and its investor relations email address is [email protected] The official website for Enerplus is www.enerplus.com.